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© (c) Copyright Thomson Reuters 2018.Tesla moves first to hike prices in China as trade war hits car makers
By Norihiko Shirouzu and Brenda Goh BEIJING/SHANGHAI©2024 GPlusMedia Inc.
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JeffLee
This is misleading. China ALREADY imposes tariffs on cars. Its tariff now is 40%. The US has recently started to impose tariffs, while China is hiking its existing ones.
Engaging in "free trade" with China has always been a distorted, lopsided proposition - the house always wins. So now, time for payback.
ThePBot
...generally applies to the one with the bigger IOUs
lostrune2
China: "Build it here!"